REITWeek is a major bi-annual event sponsored by NAREIT, and is a key opportunity for Kimco to meet with institutional investors and research analysts. This year, we had 19 meetings in which we came away with several important observations and understandings on the state of the retail and investment markets.… Read More
The feedback from Kimco’s retailer and investor meetings at the ICSC RECon 2012 conference show there’s been steady progress in the underlying fundamentals of the shopping center business. With the exception of a few categories, such as office supply and electronics, the vast majority of today’s national and regional retailers have healthy expansion plans.… Read More
Earlier this year we announced Kimco’s FastTrack Franchise program. If you missed the announcement, the program is a new initiative that connects entrepreneurs and franchisees with pre-approved vacancies at our shopping centers where franchisors want to be located.
Our objective is to help franchisees easily find the right space to open their business, while helping franchisors find operators to run locations in markets they want to be in.… Read More
You might remember the iPads for iDeas contest we ran at ICSC RECon 2012, where we gave away iPad 2s to attendees who submitted to us the best new ideas for posts for our blog. Well, that contest was actually an outgrowth of our internal iPads for iDeas program, which we started earlier this year.… Read More
The Long Island retail market experienced little fluctuation in the first quarter 2012, with the vacancy rate holding at 4.5 percent, net absorption coming in at a positive 250,884 square feet, and vacant sublease space dropping by 36,095 square feet.… Read More
In the REIT business, there’s always a transaction that stands out in your mind for being special, unique, or exceptionally rewarding on a personal level. For many of us at Kimco, that special transaction is our agreement with Opportunity Village, one of Nevada’s largest and most well-known charitable organizations.… Read More